Final pay: fees
This section has no associated Executive Note
11.—(1) Subject to paragraph (2), where a variable-time employee’s pensionable pay for the purposes of regulation 9(1) (final pay: general) consists of or includes fees, the employee’s final pay is calculated as the sum of–
(a)the average of all such fees for the three consecutive years ending with the final pay period; and
(b)any sums falling within regulation 5(1) (meaning of “pensionable pay”), other than fees, for the final pay period.
(2) But a member’s employing authority may consent to the member having his or her final pay calculated as the average of all such fees for any three consecutive years ending 31st March within the period of ten years ending with the last day the member was an active member.